Banking & Finance

Employees at financial institutions including Clinton Savings Bank, Charles River Bank, Main Street Bank, and bankHometown are taking steps forward in their careers.

Throughout the Aug. 25 edition of WBJ, you’ll read about the best of what humanity can be, personified through WBJ’s 40 Under Forty, Class of 2025. The winners are executives, entrepreneurs, and advocates who are making their marks on our lives and doing so in kind, generous ways.

For now, the administrator of a Worcester-based group adult foster care company has avoided a one year jail sentence after pleading guilty to charges related to a $1.6-million MassHealth defrauding scheme.

Fresh off announcing an upcoming merger with a Framingham-based credit union, St. Mary’s Credit Union in Marlborough has selected a new leader.

The account used to pay unemployment insurance benefits in Massachusetts is on track to run out of money by the end of 2027, according to a new forecast that could increase pressure on Beacon Hill to enact systemic changes before or during an election year.

Founded by Jordan El-Qasem, HaBBQ serves Texas-style BBQ infused with Middle Eastern spices.

The merger is expected to be completed by early 2026 and will result in a $1.15-billion entity. The newly-combined firm will serve more than 62,850 members with 8 branch locations.

Shortly after Webster Five promoted its CFO Brian Westerlind to president and CEO, the Auburn-based bank has named his successor.

Gov. Maura Healey on Thursday announced a $2.45 billion spending bill to close the state's books for fiscal year 2025, packing it with a number of outside sections related to federal policy and spending concerns. 

The Women’s Executive Academy is a joint effort by Nichols College and Worcester Business Journal designed to help female professionals achieve their career goals, with a particular focus on reaching executive positions, such as CEO, president, and executive director.